Cooper Secures Rig for Menzel Horr Prospect

H&P 228 drilling rig has been secured to drill the Menzel Horr-1 well in Tunisia.

According to the H&P 228 drilling schedule, the expected spud date is November 11, 2010. The actual spud date will be subject to the duration of the well being drilled prior to Menzel Horr-1.

The award of drilling services and well testing contracts is ongoing and is expected to be finalized early October.

Cooper Energy has 100% of the Bargou Exploration Permit, which contains the Menzel Horr Prospect.

Further information on the drilling of Menzel Horr will be announced just prior to spud.